Sydney - Thursday - July 19: (RWE Australian Business News) - Goldstar Resources NL (ASX: GDR) says a recently completed program of ground-based geophysics and site mapping together with a review of the historic workings, has significantly upgraded the potential of the Walhalla Proprietary Dyke Bulge. With a northern edge only 200 metres south of the Eureka Project, Walhalla Proprietary has been re-rated as a priority exploration target for the Company. Walhalla Proprietary is the southernmost dyke bulge identified to date within the strategically important Ross Creek Line (RCL) of mineralisation. The RCL already hosts the Eureka and Tubal Cain projects as well as numerous other historic workings and exploration targets. Work carried out by Goldstar over the past six months in the Walhalla Proprietary area has confirmed the results of the 2006 exploration drilling undertaken. It has expanded the potential size of the Walhalla Proprietary dyke bulge with a significant northern extension to bring it to within 200 metre of Eureka.
GDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.